NAC703.2793. Filing of statement of updated revenue and expense data and explanation for each expected change in circumstances; use of updated data and data requests.

     1. If an applicant submits a statement of expected changes in circumstances with an application for a change in rates pursuant to subsection 4 of NRS 704.110, the applicant must also file a statement of updated revenue and expense data regarding each expected change in circumstances included in the original statement along with an explanation for each expected change in circumstances not later than 90 days after the date on which the initial application was filed. The updated data:

     (a) May not be considered in determining whether the applicant has met its burden of proof under subsection 4 of NRS 704.110 to show that the expected changes in circumstances set forth in the statement are reasonably known and are measurable with reasonable accuracy; and

     (b) May be used:

          (1) To aid in directing discovery by identifying any expected changes in circumstances that may warrant further inquiry with respect to the basis for their inclusion in the application at the time of filing pursuant to subsection 4 of NRS 704.110;

          (2) To examine the reasonableness of monetary and other values provided in connection with only those expected changes in circumstances for which the applicant has met its burden of proof in the initial application; and

          (3) As relevant evidence by the Commission in setting just and reasonable rates.

     2. Data requests may not be propounded by any party for the purpose of obtaining additional or ongoing current values for revenue and expense data related to an expected change in circumstances.

     (Added to NAC by Pub. Utilities Comm’n by R036-09, eff. 11-25-2009)